Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Ordinary resolution (special business)
- This topic has 3 replies, 2 voices, and was last updated 2 years ago by MikeLittle.
- AuthorPosts
- April 11, 2022 at 8:21 pm #653104
What type of special business is included in ordinary resolutions? I’m only aware of one which is the appointment of directors
April 11, 2022 at 9:19 pm #653118‘Special business’ is defined as ‘Any business that isn’t ordinary business’ and ordinary business is limited in its applicability to:
receiving the financial statements
approving the dividend proposed by the directors
re-appointing directors retiring by rotation and
re-appointing the auditors for another yearANYTHING else is, by default, special business
OK?
April 12, 2022 at 12:19 am #653121Yes but which of these special business matters are done with an ordinary resolution by special notice?
April 12, 2022 at 8:11 am #653128Your original post on this thread asked about “What type of special business is included in ordinary resolutions? I’m only aware of one which is the appointment of directors”
Now you’re chasing a different thread! If you know the 6 ordinary resolutions that require special notice (5 if you exclude the over-age director of a public company) then all those that require special notice are, by definition, special business
In addition, all special resolutions are special business
In answer to your original thread, resolutions that are special business but require only an ordinary resolution without special notice …
follow this link and particularly see resolution number 14
OK?
- AuthorPosts
- You must be logged in to reply to this topic.